ESTABLISHED IN SINGAPORE in 1981, AFC Merchant Bank (incorporated as Asean Finance Corporation Limited), is the first truly Asean joint venture by the banking community in Asean. A regional merchant bank wih ACU licence, AFC Merchant Bank has an authorised share capital of S$200 million and paid-up capital of S$100 million. The shareholders are leading banks and financial institutions from the five original members of Asean.

THE PRINCIPAL ACTIVITIES of the bank are those relating to merchant banking, mobilising of financial resources in order to finance projects and assist in promoting industrialisation and overall economic development in the ASEAN region.